FXOpen vs. InstaForex
FXOpen
Deposit
100 EUR/USD
Spreads
1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established
2005
Currency Pairs (Total Forex pairs)
95
Country:
UK,
Australia
Regulation:
Trading app:
Number of CFD asset classes:
5
Broker type:
MM
Support:
Funding methods:
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
InstaForex
Deposit
200 EUR/USD
Spreads
1.3 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established
2007
Currency Pairs (Total Forex pairs)
82
Country:
Cyprus
Regulation:
Trading app:
Number of CFD asset classes:
6
Broker type:
ECN,
MM
Support:
Funding methods:
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
Winner of the comparison
36%
FXOpen
48%
InstaForex
Winner
Comprehensive Comparison: FXOpen vs InstaForex
A detailed look at two popular brokers from our portfolio
Comparison Result
Winner of this comparison: InstaForex with an overall rating of 48%
FXOpen
Min. Deposit
100
EUR/USD Spread
1
Currency Pairs
95
Year Established
2005
InstaForex
Min. Deposit
200
EUR/USD Spread
1.3
Currency Pairs
82
Year Established
2007
Key Strengths
FXOpen
- Micro accounts from just 1 USD allow starting with minimal capital
- Support for MetaTrader 4 and 5 - the standard among traders
- Free demo accounts for practicing strategies
InstaForex
- Wide range of instruments: InstaForex offers trading with more than 100 currency pairs, CFDs, commodities, and cryptocurrencies.
- No minimum deposit: InstaForex has no minimum deposit requirement, allowing you to start trading with any amount.
- Professional education and analysis: InstaForex provides comprehensive educational and analytical tools useful for both beginners and experienced traders.
- Quick deposits: Various deposit methods, including Bitcoin and credit cards, allow for quick and easy account funding.
Our Recommendations
Best for Beginners
InstaForex
Thanks to comprehensive educational materials and a user-friendly platform, InstaForex is an ideal choice for new traders.
Best Platform
FXOpen
The trading platform of broker FXOpen offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
FXOpen
FXOpen offers competitive spreads and lower fees, making it ideal for active traders.
Investments
| # | FXOpen | InstaForex |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 95 | 82 |
| CFDs – Total Offered | 110+ | 2600+ |
| Options CFD | ||
| Share CFDs | ||
| Forex CFD | ||
| Commodities CFD | ||
| ETF CFD | ||
| Indicies CFD | ||
| Cryptocurrency traded as actual | ||
| Cryptocurrency traded as CFD | ||
| Investments rating | ||
| Winner |
Cost
| # | FXOpen | InstaForex |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 1 | 1.3 |
| Deposit from | 100 | 200 |
| Account fee | ||
| Inactivity fee | ||
| Active Trader or VIP Discounts | ||
| Withdrawal fees | ||
| Deposit fees | ||
| Cost rating | ||
| Winner |
Trading app
| # | FXOpen | InstaForex |
|---|---|---|
| Desktop Platform (Windows) | ||
| Web Platform | ||
| Social Trading / Copy-Trading | ||
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Currenex | ||
| cTrader | ||
| Trading Platforms rating | ||
| Winner |
Trading Tools
| # | FXOpen | InstaForex |
|---|---|---|
| Financial leverage | ||
| Virtual Trading (Demo) | ||
| Alerts – Basic Fields | ||
| Charting – Indicators / Studies (Total) | ||
| Charting – Drawing Tools (Total) | ||
| Charting – Trade From Chart | ||
| Stop-Loss | ||
| Finacial Calendar | ||
| Daily financial news | ||
| Order Type – Trailing Stop | ||
| Trading Tools rating | ||
| Winner |
Research
| # | FXOpen | InstaForex |
|---|---|---|
| Daily Market Commentary | ||
| Forex News (Top-Tier Sources) | ||
| Weekly Webinars | ||
| Social Sentiment – Currency Pairs | ||
| Economic Calendar | ||
| Research | ||
| Research rating | ||
| Winner |
Education
| # | FXOpen | InstaForex |
|---|---|---|
| Has Education – Forex | ||
| Has Education – CFDs | ||
| Client Webinars | ||
| Videos – Advanced Trading Videos | ||
| Investor Dictionary (Glossary) | ||
| Education | ||
| Education rating | ||
| Winner |
Forex
| # | FXOpen | InstaForex |
|---|---|---|
| GBP/USD | ||
| USD/JPY | ||
| EUR/USD | ||
| USD/CHF | ||
| USD/CAD | ||
| NZD/USD | ||
| AUD/USD | ||
| Major Forex Pairs rating | ||
| Winner |
Commodities
| # | FXOpen | InstaForex |
|---|---|---|
| Gold | ||
| Silver | ||
| WIT Oil | ||
| Brent Oil | ||
| Coffee | ||
| Cocoa | ||
| Soybeans | ||
| Rice | ||
| Corn | ||
| Platinum | ||
| Palladium | ||
| Commodities rating | ||
| Winner |
Indicies
| # | FXOpen | InstaForex |
|---|---|---|
| DAX 40 | ||
| S&P 500 | ||
| Nasdaq | ||
| Dow Jones | ||
| Nikkei | ||
| Indices rating | ||
| Winner |
Cryptocurrencies
| # | FXOpen | InstaForex |
|---|---|---|
| Bitcoin | ||
| Litecoin | ||
| Ethereum | ||
| Ripple | ||
| Neo | ||
| Stellar | ||
| Cardano | ||
| Tron | ||
| Monero | ||
| EOS | ||
| Cryptocurrencies rating | ||
| Winner |
Regulations
| # | FXOpen | InstaForex |
|---|---|---|
| Cysec | ||
| ASIC (Australia) | ||
| FCA (UK) | ||
| Authorised in the European Union (EU) | ||
| CFTC Registered (USA) | ||
| FINMA (Switzerland) | ||
| Regulations rating | ||
| Winner |
Support
| # | FXOpen | InstaForex |
|---|---|---|
| Chat | ||
| Phone | ||
| Support rating | ||
| Winner |
Overall
| # | FXOpen | InstaForex |
|---|---|---|
| Go to the full broker review | FXOpen | InstaForex |
| Win / Loss % | 36% | 48% |
| Winner |
